Taylor Devices (NASDAQ:TAYD) stock observed trading -30.75% off 52-week high price. On the other end, the stock has been noted 40.32% away from low price over the last 52-weeks. The stock disclosed a move of -6.69% away from 50 day moving average and -10.58% away from 200 day moving average. Moving closer, we can see that shares have been trading -0.98% off 20-day moving average. It has market cap of $31.72M.
On Sept. 25, 2020, Taylor Devices (NASDAQ:TAYD) declared that it had 1st quarter sales of $5,759,457, up slightly from last year’s 1st quarter sales of $5,708,639.
Net earnings for the 1st quarter were $176,011, down from last year’s 1st quarter earnings of $354,577.
FY21 Q1 sales are on par with last year’s Q1 sales although net earnings are lower due primarily to an increase in sales to our construction and industrial customers in Asia where tariffs and local competitive dynamics typically drive lower margins, stated Tim Sopko, CEO. He further commented, Additionally, order placement delays by our customers due to the COVID-19 Coronavirus Pandemic that started over 6 months ago had a negative impact on sales volume in Q1 which further stressed margins. He continued, While we do not know when the COVID-19 related challenges will subside, our workforce response to these challenges has been outstanding thus far and we remain well positioned with our diversified portfolio and strong balance sheet to manage them path forward. He concluded, Our top priorities continue to be the health and safety of our employees and their families along with supporting our customers.
The USA based company Taylor Devices moved with change of 0.71% to $9.27 with the total traded volume of 5571 shares in recent session versus to an average volume of 3.72K. The stock was observed in the 5 days activity at -0.05%. The one month performance of stock was -11.16%. TAYD’s shares are at -17.56% for the quarter and driving a -14.28% return over the course of the past year and is now at -11.75% since this point in 2018. Right now the stock beta is 1.11. The average volatility for the week and month was at 4.43% and 4.44% respectively. There are 3.49M shares outstanding and 3.03M shares are floated in market.